Further funding by shareholder Sample Clauses

Further funding by shareholder. The company and each shareholder acknowledges and agrees that nothing herein must create an obligation or duty on any shareholder to contribute or lend or otherwise provide any further or future money to the company. If further capital or loan funds are required by the company or the business to be operated by the company, then the company must cause a meeting of the shareholders to be called to decide upon whether or not further capital or loan funds will be provided to the company and, if so, by whom and upon what terms and conditions.
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